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Steph_ATK

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Steph_ATK

Re: A deleted message

Sunday, 04/25/2010 12:12:59 PM

Sunday, April 25, 2010 12:12:59 PM

Post# of 34483
it was just a reply in regards to michaels story post,

"The chart showed a shooting star at the top on that day of trading. This means a reversal is imminent. The next day instead of selling when the market opened the greedy and the desperate held and bought more trying to hold up a sinking ship. It did not help so they averaged down at the wrong point. It still did not help so they were losing more money trying to start a rally. The sells were winning. Flippers saw an opportunity and took it. This caused it to go down more. At the end people who were desperate sold out at a loss."

I was in GOIG when a similar scenario had happened as well.
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